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Cerebras Stock Plummets After Disappointing Margin Forecast
Cerebras's stock sank significantly, falling below its IPO price, after the company's full-year margin forecast disappointed investors. The CEO stated that the forecast was 'misunderstood' as the stock plummeted following earnings.
24 Jun, 11:03 — 24 Jun, 22:06
The Story
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Sources
Showing 4 of 5 sources
cnbcMostly Factual45d ago
Cerebras CEO says margin forecast was 'misunderstood' as stock plummets after earnings
AI chipmaker Cerebras has a staggered lock-up expiration that includes some shares becoming available for trading this week.
Read full article →marketwatchMostly Factual45d ago
Cerebras’s stock sinks below IPO price in a major blow to early investors
The once-high-flying AI chip maker’s stock has now dropped more than 50% from its all-time intraday high hit six weeks ago.
By William Gavin
Read full article →YahooMostly Factual46d ago
Cerebras sinks 14% as full-year margin forecast disappoints
Read full article →channel-news-asiaMostly Factual46d ago
Cerebras sinks 14% as full-year margin forecast disappoints
Read full article →Coverage Timeline
First report: faz · 24 Jun, 11:01|Full coverage: 5 · 11h|Window: 11h
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